By Sam Goldfarb
A calmer market led to an explosion of corporate borrowing Tuesday, with Amazon.com headlining a record day for investment-grade bond issuance.
Overall, 11 companies issued $66 billion of investment-grade corporate bonds in the U.S., beating out the previous one-day record of $49 billion set in 2013, according to PitchBook LCD.
Amazon accounted for $37 billion of that total, bringing this year's total issuance by AI hyperscalers to $82 billion.
Tuesday's borrowing spree came after a run of lackluster issuance and was just one sign that Wall Street is growing more hopeful about the economic fallout from the Iran war. Major stock indexes have also edged higher this week, after falling the previous two weeks.
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(END) Dow Jones Newswires
March 10, 2026 17:26 ET (21:26 GMT)
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